The grid-based software tool provides portfolio managers, asset management firms and market makers with the ability to price, stress test and evaluate the risks of large and complex portfolios in real-time.

Enrico Melchioni, chief executive of List Group’s FMR consulting division, says: “It is imperative that today’s financial institutions are able to quickly and efficiently evaluate the potential risks and rewards of their trading strategies across all asset classes. Even nowadays very often the existing market products are slow, with calculations insisting on a single server. List Group’s FMR Grid allows multiple calculations to happen in parallel reducing the time it takes to carry out in-depth analyses.”

FMR Grid can be used to extend the capabilities of List Group’s multi-asset FastTrade platform and position keeping systems. FastTrade connects to electronic markets and offers a range of customisable modules tailored for different asset classes and trade styles.